The following article by Jim Tankersley was posted on the New York Times website October 29, 2017:
WASHINGTON — Republicans will pitch their tax bill this week as a gift to the middle class, but Democrats will call it a Trojan horse: a windfall for big business and the rich dressed as a tax cut for workers.
The tensions over who will benefit from the sweeping tax rewrite were on display during an hourlong meeting last week between President Trump and Senate Finance Committee members. Democrats who attended, including many whose states Mr. Trump won, said the president agreed with every point raised on the subject of tax cuts for the middle class. At the end of the meeting, Senator Ron Wyden of Oregon told Mr. Trump that the tax bill Republicans were drafting would not deliver on his promises to the middle class and would instead benefit corporations and high earners.
Mr. Trump looked at his top economic advisers, waved his hand, and said, “Take care of it,” Mr. Wyden recalled in an interview. Continue reading “Democrats Attack Tax Bill as a ‘Middle-Class Con Job’”